Dáil debates

Thursday, 5 November 2020

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

 

1:00 pm

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

I thank the Ceann Comhairle. The Tánaiste will probably know that the Central Bank reported this week on motor insurance. It gives us a welcome transparency on this sector. For standard injury cases, it shows that the cost of litigation is ten times the cost of going through the Personal Injuries Assessment Board, PIAB, yet we see litigation on the increase and the PIAB losing a share of those injury cases. It also shows that even though three quarters of the cases over €40,000 are going for litigation, litigation actually does not deliver for the claimant any more than going through the PIAB. A big amount of money is going into the legal pot. Are there are ways that we can drive up the numbers going through the PIAB which will bring down premiums and give a better deal to people who make claims?

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